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San Diego, CA 92109,1160 Grand Ave
San Diego, CA 92109,1160 Grand Ave
San Diego, CA 92109,1160 Grand Ave
$1,900,000
Est. payment /mo
$1,950,000
2.6%
Est.Price: ?

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6,216 Sqft Lot
SOLD DATE : 10/13/2022

Key Details

Sold Price $1,900,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Pacific Beach

MLS Listing ID 220021847SD

Year Built 1947

Lot Size 6,216 Sqft

Property Description

Incredible investment opportunity on a large lot with alley access, only 4 blocks from Crystal Pier. The Grand On Grand! Plans for 8 units included. 7200 sq ft planned residential development with projected value at over $6,000,000. Complete communities with R-M-2-5 zoning. Potential for $29,000-$30,000 gross income per month with a mix of 5 eight hundred sq ft one bedroom units, and 3 one thousand plus sq ft two bedrooms. Upstairs units feature massive terraced rooftop decks with potential ocean views. 5 off street parking spaces included in current plan. Property is currently configured as a duplex. Tenants on short term leases. Please call to have all your questions answered regarding the potential development. Number of Furnished Units: 2 Topography: LL

Location

State CA

County San Diego

Area 92109 - Pacific Beach

Building/Complex Name The Grand on Grand

Zoning R-M-2-5

Interior

Cooling None

Exterior

Fence Partial

View Y/N Yes

View Ocean

Roof Type Composition

Building

Story 1

Others

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

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California Regional MLS (CRMLS)
Listed by Seth Robinson • Keller Williams La Jolla
Bought with Brian Bush • Datashare CLAW Default Office Don't Delete
Devone Richard

Broker | License ID: 1002115

+1(626) 500-1212 | devone@nextadvisors.properties

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